MTX Projects $273M 2026 Cash Flow, Secures 80% Moroccan Option and BC Discoveries
MTX projects $273M in 2026 distributable cash flow but hedges limit upside, with each $20/barrel oil rise adding just $3M and 45% of 2027 output hedged. The company also gained an option to earn 80% of seven Moroccan licences and flagged three BC gold-copper-silver occurrences from 218 samples.
1. 2026 Distributable Cash Flow and Hedge Impact
MTX forecasts distributable cash flow of $273 million for 2026 based on current oil strip prices. Hedging agreements covering roughly 45% of expected 2027 production cap near-term oil price benefits, limiting each $20/barrel uptick to only a $3 million cash flow gain.
2. Strategic Moroccan Licence Option
In April 2026, MTX secured an exclusive option to acquire up to 80% interest in seven mineral licences in Morocco’s Western High Atlas region. The arrangement covers five exploitation licences and two research permits along with environmental approval for a central flotation plant, positioning MTX for resource expansion.
3. Greenwood BC Exploration Highlights
Results from 218 rock samples at the Greenwood, British Columbia critical minerals project uncovered three new gold-copper-silver occurrences in the Keno area and Old No. zones. These discoveries enhance MTX’s exploration portfolio and could advance project development pending follow-up drilling and assays.